Safegrid Oy
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Safegrid Oy - overview
Established
2019
Location
Espoo, -, Finland
Primary Industry
Power & Utilities
About
Based in Espoo, Finland, and founded in 2019, Safegrid Oy operates as a power and utility company that develops smart grid systems aiming to locate, predict, and prevent grid faults while improving grid performance. In May 2026, G&W Electric Company acquired Safegrid Oy from Grid. vc, Tesi and Ajanta LLP. Financial terms were not disclosed.
Safegrid Oy offers a new level of insight into the grid, as well as cloud-based analytics and monitoring software that demonstrates both the big picture about the grid's performance as well as quick actionable alerts about grid faults, and delivers more data, more accurate fault location, faster installation without blackouts, enabling clients to locate faults, perform timely preventative maintenance, and reduce total cost of ownership.
Current Investors
Grid.vc, Tesi
Primary Industry
Power & Utilities
Sub Industries
Electric Utilities, Analytics & Performance Software
Website
www.safegrid.io
Verticals
Clean Technology, Cloud Computing, IoT (Internet of Things), Mobile Apps
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Safegrid Oy - timeline of key events
Safegrid Oy - financials
| Fiscal Year Ended | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 65,125 | 147,935.5 | - | - | - |
| % Revenue Growth (YoY) | - | 127.2% | - | - | - |
| EBITDA (USD) | (174,221.5) | (63,224.6) | - | - | - |
| Operating Income (USD) | (174,221.5) | (277,470) | - | - | - |
| Operating Margin | (267.5%) | (187.6%) | - | - | - |
| % EBITDA Margin | (267.5%) | (42.7%) | - | - | - |
| NET Income (USD) | (176,435) | (329,322.1) | - | - | - |
| % Net Margin | (270.9%) | (222.6%) | - | - | - |
Safegrid Oy - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.